Member Info for dai2belts

Some crazy price predictions on He1 BB......

Unless the market thinks He1 is going to be the next PANR,, which hit 150p April '22, with no more than 764,880,988 shares in issue... £1.2bn

Noble, 2.x% from their water sample after spending millions on a drill, you can get 10% from a spring at ground level...

The question is which flows the most water annually ?

@Turbot, has Void posted recently ?

@Hasiba, didn't they take samples that persisted over 9m, with 28p reached on off-taker talk ?

MC was about £172m at 28p...

Mc £89m at the moment......

https://upload.wikimedia.org/wikipedia/commons/1/17/Betty_Boop_colored_patent.png

Nope 10p is now 2.5p

I am a Troll lol

Zephyr, anyone any ideas what that blow out well resources will be worth ?

2.35p, was closer to 7p 19th Jan

19 January 2023

Wow, huge influx of hydrocarbons.....beats high pressure..

"Over the past week, having reached the reservoir at a depth of 9,598 feet true vertical depth, the well experienced a significant influx of hydrocarbons which consequently led to suspension of drilling operations while the well was stabilised. "

https://www.lse.co.uk/rns/ZPHR/state-36-2-lnw-cc-well-update-mmo90563vuow76g.html

@KevR.. He1 is interesting....

Liberum are NOMAD, fundraiser and MM ......

So that's like having ref, touch judge, and video ref, all supporting the same playing team...

The Friday rig update benefitted somebody,

Without announcing funding in advance(comes with trading halt ASX) He1 could never have become a 10 bagger(peaked x17 0.2),,

That funding update came after analysing Tai-C results, along with the change in location. Obviously they needed funding but it could have been done at nearer 3p, even 2p to raise £6m with the 300m voted in at the AGM..

But at £120m MC, on results the sp would have been about 10p, just x3...

End of the day, MC is the same, but somebody made a crazy return, on those lucky traders

@Joe80, its an art, writing updates that let you know the score while at the same time don't lol

Lol Kev, I just posted another, a response related to the rig, it doesn't reflect on the outcome of the drilling, just indicates the rig likely needs more work to get it back to A1.. and there was possibly some down time... So a balanced comment, not trolling at all...

Don't forget to keep an Eye on DELT, we missed the beginning of that tick up..

Pensacola Jv, 50% of DELTs share is worth NPV $100, for probably 30% of full drilling costs..

Selene well costs, top end ~$50m, using that maybe $15m....

Malcy suggesting £2 target price, or more...

Hopefully profit taking this next week or two,

This is interesting, there is a lot to be claimed back drilling oil wells, and we get none of it...

https://www.youtube.com/watch?v=6AbBef80KF8

@Chesh, the rig may still need some loving care...

There was no intergrated Iron roughneck fitted in one of the photo's tweeted during drilling.. but the replacement seems to have done a great job..

A hint of down time in the RNS, "zero downtime related to hydraulic issues."

One of those statements, could mean zero, or could mean down time not hydraulic related.

See if this get deleted...

After last years drill they sold the story of the need to plan stimulation which made sense, with all the challenges PANR faced.. After a full year planning, you would assume they were going to try the most rewarding theoretical idea.. now it seems its just to show it will flow.. lots of other formations have flowed around that 50 bopd in the area..

So my expectations were they were going to show PANR how to frac a well, produce commercial rates and quiet that Scott...

There was a post on He1 deleted, when I looked last nothing offensive ...

Some body asked should they take their profit, 9 bag...

I suggested DYOR, suggested the idea of taking some profit, maybe investing elsewhere..

Said 4.75% was fantastic, giving p10 estimates..

But it was the only detail given, no flow duration or rate or ..

I wonder if that's what got it deleted ?

Are you still down that rabbit hole ?

Lol, 50bopd was referred to by 88e, which was probably to suppress the price so the city boys could very very discreetly load up...

TLY, low MC low liquidity, nice bounce

Thanks, but gutted missed 28p, :(

@Tro, when talking about flow testing, there was mention of 50bopd being achieved from other tests .. A bit a damper, not sure what their expectations with that comment

Seems to be suggesting 88e results could boost PANR, while at the same time suggesting PANR is a better opportunity than 88e..

Scott126, would be posting that on 88e

Typos

Pensacola(before JV, Guess less soon)

Gas only development NPV $199m 168p/s

https://www.youtube.com/watch?v=dXs-1flsjtY

NPV to share Price

$199m, 0r £157,886,600/shares in issue = 169p

Mmmmmmm, Pensacola JV might be a tuff one, share of an estimated $199M asset, with the risks attached how much will a company pay to drill costs for half ?

No wonder the share price didn't move until Malcys 10 bagger suggestion..

Selene Pre-JV, so half now

========================

Estimates that Selene has a gross P50 prospective resource of 318 BCF, with a GCoS of 70% unrisked post tax project NPV of $624 million gross ($312 million net to Deltic), calculated gas price of 80 pence per therm.

@1/2,,,,,,,,,.. $156 net to Deltic, £123,793,800m 133p/s

https://www.lse.co.uk/rns/DELT/proposed-placing-subscription-and-open-offer-exfmgk7cte8wuio.html

So my guess.. 180p/s

Selene 133p/s, and Pensacola maybe 50-80p

Bump

Pensacola(before JV, Guess less soon)

Gas only development NPV $199m 168p/s

https://www.youtube.com/watch?v=dXs-1flsjtY

NPV to share Price

$199m, 0r £157,886,600/shares in issue = 169p

Mmmmmmm, Pensacola JV might be a tuff one, share of an estimated $199M asset, with the risks attached how much will a company pay to drill costs for half ?

No wonder the share price didn't move until Malays 10 bagger suggestion..

Pre-JV, so half now

Estimates that Selene has a gross P50 prospective resource of 318 BCF, with a GCoS of 70% unrisked post tax project NPV of $624 million gross ($312 million net to Deltic), calculated gas price of 80 pence per therm.

$156 net to Deltic, £123,793,800m 133p/s

https://www.lse.co.uk/rns/DELT/proposed-placing-subscription-and-open-offer-exfmgk7cte8wuio.html

where's my bump gone, that's co****